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3 At the end of January 2020, prepare Income statement and Balance sheet from the following items of Trial Balance. (15). Also give closing entries

3 At the end of January 2020, prepare Income statement and Balance sheet from the following items of Trial Balance. (15). Also give closing entries from the following data. (05). Accounts Payable. Rs. 5794 Advertisement Expenses.. .. 780 Bad debts Expenses. 245 Building... 88800 Capital. 37305 Cash. 4560 Drawing 1200 Equipment 29400 General Expenses. 1120 Income from services... 13260 Land. 11500 Notes Payable.. 88000 Prepaid Insurance 2284 Repair Expenses.. 880 Salaries Expenses 2050 Supplies... 1540

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